Excellent stock for multibagger return in 2018 to 2020 - Andhra Bank

Andhra Bank @ 41.85
Reference : http://www.maheshkaushik.com/

1.Andhra Bank is a PSU Bank Stock and is a 10 rupee face value stock.

Excellent stock for multibagger return in 2018 to 2020

2.Brief Description of the Company : Andhra Bank was founded by freedom fighter name Dr. Bhogaraju Pattabhi Sitaramayya and was listed on 1923 and was paid up capital of rs 1 lakh and total authorized capital of Rs 10.00 lakhs before andhra bank was a private company but now it is a PSU Company.

3.52 week High of Andhra Bank is 32.55 and 52 week low is 76.10 and the stock is traded at 42.05.

4.This stock can be the Excellent stock for multibagger return in 2018 to 2020  because the Book Value of this stock is 132 rs.

5.The Andhra Bank stock was a dividend paying stock from 2012 - 2016.

6.The Net Sales of the stock is 206 rs and is cheaper than the rate today when the andhra bank stock give good results then we will achieve 206 rs in 3 years.

7.The 3year average price of this stock is 57.64 and this target is achievable in 3 months time frame.

8.No any bonus issued or right issue and bulk deals are recorded in the last two years.

9. My View : The Target price for Excellent stock for multibagger return in 2018 to 2020  is 117 and 206 rs.